AI & Robotics

True Ventures co-founder Jon Callaghan doesn’t think we’ll be using smartphones the way we do now in five years – and maybe not at all in 10. For a venture capitalist whose firm has had some big winners over its two decades – from consumer brands like Fitbit, Ring, and Peloton, to enterprise software makers HashiCorp and Duo Security – that’s more than armchair…

Mark Zuckerberg has struck again. Meta Platforms is acquiring Manus, a Singapore-based AI startup that’s become the talk of Silicon Valley since it debuted last spring with a demo video that showed an AI agent doing things like screening job candidates, planning vacations, and analyzing stock portfolios. Manus claimed at the time that it outperformed OpenAI’s Deep Research. In April…

It’s been three years since OpenAI released ChatGPT and kicked off a surge in innovation and attention on AI. Since then, optimists have regularly claimed that AI will become a critical part of the enterprise software industry, and so enterprise AI startups mushroomed on the back of immense amounts of investment. But enterprises are still struggling to see the benefit of adopting these new…

The excitement for the European startup market was hard to ignore at the annual Slush conference in Helsinki last month. But the actual data on the state of the region’s venture market shows a different reality. The upshot: The European market has not recovered from the global venture capital reset that occurred in 2022 and 2023. But there is evidence it is on the cusp of a turnaround…